AXIM BIOTECHNOLOGIES, INC. R&D Expense

Quick Answer

AXIM BIOTECHNOLOGIES, INC. reported R&D Expense of $125.5 thousand for fiscal year 2023.

AXIM BIOTECHNOLOGIES, INC. R&D Expense — Annual History

Fiscal Year R&D Expense YoY Change
2023 $125.5K -18.3%
2022 $153.7K -46.0%
2021 $284.9K -86.1%
2018 $2.06M +52.0%
2017 $1.35M +474.3%
2016 $235.6K

Quarterly R&D Expense

Quarter Ending R&D Expense YoY QoQ
June 30, 2024 $4.1K -88.1% -73.8%
March 31, 2024 $15.5K -23.8% -55.4%
September 30, 2023 $34.7K +16.8% +1.9%
June 30, 2023 $34.1K -3.1% +67.6%
March 31, 2023 $20.3K -54.0% -31.6%
September 30, 2022 $29.7K -55.8% -15.5%
June 30, 2022 $35.2K -26.8% -20.4%
March 31, 2022 $44.2K -56.2% -34.3%
  • AXIM BIOTECHNOLOGIES, INC. showed a decrease of -18.3% in R&D Expense compared to the prior fiscal year.
  • Over the 2016–2023 period, AXIM BIOTECHNOLOGIES, INC.’s r&d expense has declined by 46.7% (from $235.6 thousand to $125.5 thousand).
  • The most recent figure is from AXIM BIOTECHNOLOGIES, INC.’s fiscal year 2023 report (Form 10-K), filed with the SEC on April 16, 2024.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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